Jul 18, 2022   SOURCE: BusinessWire

Global 3D Printing Software and Services Market Report to 2031 - Featuring 3D Systems, Artec 3D, Autodesk and Digital Mechanics Among Others - ResearchAndMarkets.com

The "3D Printing Software and Services Market - A Global and Regional Analysis: Focus on Software, Service, Application, End-Use Industry, and Region - Analysis and forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.

The 3D printing software and services market was valued at $9,661.7 million in 2021 and is expected to reach $80,847.6 million by 2031, growing at a CAGR of 24.3% between 2022 and 2031.

The 3D printing software and services market is driven by several factors, including the growing adoption of AI and machine learning (ML), demand from end-use industries like automotive, aerospace, and others, and increasing adoption in the healthcare industry. Growing investment and support from the government are expected to positively impact the growth of the overall market during the forecast period.

How This Report Can Add Value

This extensive report can help with:

  • A dedicated section focusing on the futuristic trends adopted by the key players operating in the global 3D printing software and services market.
  • Extensive competitive benchmarking of key 20 players and 5 start-up companies, offering a holistic view of the global 3D printing software and services landscape.
  • Qualitative and quantitative analysis of 3D printing software and services industry at regional-level granularity based on region, end-use industry, application, services, and software segments.

Recent Developments

  • In October 2021, 3D Systems Corporation announced the acquisition of Volumetric Biotechnologies which focuses on developing the ability to manufacture human organs using bioprinting methods. The acquisition is part of 3D Systems' plan to establish a world-class research capability in Houston, Texas.
  • In March 2021, Autodesk Inc. announced the global availability of Autodesk Takeoff, a new product that empowers estimators to perform 2D and 3D quantification workflows from a common data environment.
  • In March 2021, Desktop Metal announced that it has developed a breakthrough powder that enables aluminum sintering for binder jetting AM technology. The new powder was developed in partnership with Uniformity Labs.

Key Questions Answered in the Report

  • What are the major factors and trends that are impacting the 3D printing software and services market?
  • How has COVID-19 impacted the 3D printing software and services market across the globe?
  • What are the steps taken by the existing players to improve their market positioning and the strategy adopted by new players entering in marketspace?
  • Which is the leading software, service, printed material, technology, application, and end user in the market, and how are they going to perform in the coming years?
  • What are the latest developments in various countries across the globe for the development of the 3D printing software and services market, and what are the consumption patterns?
  • What is the bottleneck around the adoption across different regions and countries? Are there any government regulations (regional/global) impacting the 3D printing software and services market?

Market Segmentation

  • By Application - Functional Models/Functional Prototyping/Research Models, Artistic Items, Spare Parts/Custom Parts/Small-Run Series Production, Device Covers, and Others
  • By End-Use Industry - Automotive Industry, Consumer Industry, Healthcare Industry, Aerospace Industry, Education and Research Industry, Government and Military, Architecture Industry, Packaging Industry, Oil and Gas Industry, and Others
  • By Software - 3D Designing Software, Data Preparation Software, Simulation Software, Machine Control Software, QA and Security
  • By Services - Print-On-Demand Services, After Sales and Maintenance Services, Printing Materials, and Others

Market Dynamics

Growth Drivers

  • Cost-Effectiveness, Greater Design Flexibility, and Low Wastage
  • Increasing Technological Advancements in the 3D Printing Industry and Integration of Machine Learning (ML) and Artificial Intelligence (AI)
  • Strong Growth of 3D Printing Technology in the Healthcare Industry
  • Government Initiatives and Rising Investments in R&D
  • Growing Demand from End-Use Industries

Challenges

  • Lack of Technical Expertise
  • Limited Availability and High Cost of Materials
  • Complications Related to the Intellectual Property

Opportunities

  • Rising Demand for 3D Printing in Emerging Economics
  • Advancements in the 3D Printing Software and Services
  • Rising Demand for Metal 3D Printing
  • Rising Demand from Emerging Application Verticals

Companies Mentioned

  • 3D Systems, Inc.
  • Artec 3D
  • Autodesk Inc.
  • Digital Mechanics AB
  • OC Oerlikon Management AG
  • Dassault Systemes
  • Fathom Digital Manufacturing Corporation
  • Imaginarium
  • Materialise NV
  • Organovo Holdings, Inc.
  • Prodways Technologies
  • Proto Labs, Inc.
  • PTC, Inc.
  • Sciaky Inc.
  • Sculpteo
  • Shapeways, Inc.
  • Stratasys Ltd.
  • VoxelJet AG
  • Trimble Inc.
  • Star Rapid
  • Siemens Digital Industries Software
  • Xometry Inc.
  • Desktop Metal, Inc.
  • Castor Technologies Ltd.
  • Axial3D
  • Nano Dimension

For more information about this report visit https://www.researchandmarkets.com/r/jlbvkn